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-Correction..Improved risk appetite saw yen...>

FOREX
FOREX: -Correction..Improved risk appetite saw yen weaken against the dollar and
also on the crosses during a quiet Asia-Pacific session. Dollar-yen rose from
Y109.00 to Y109.45, last at Y109.39. Aussie climbed higher from $0.7888 to
$0.7919 and was last at $0.7905. Demand in Aussie-yen was reportedly behind the
up move, upbeat Japanese economic data, higher US stock futures and firmer US
rate yields seen underpinning risk. Kiwi-dollar trekked higher from 0.7307 to
$0.7331, better than expected NZ Q2 Retail Sales helped to underpin the kiwi.
Meanwhile, Euro-dollar currently trades at $1.1830 and Cable at $1.3030, after
trading in respective ranges of $1.1815 to $1.1835 and $1.3000 to $1.3022.  

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